PANews reported on January 20 that, according to Lookonchain monitoring, a whale (address starting with 0x3c9E) panicked again after the market crash and sold 4,000 ETH (worth $12.44 million) at a price of $3,110.

Since January 9, the whale has been buying ETH every day—even just 11 hours ago—accumulating 12,200 ETH (worth $39.44 million) at an average price of $3,233.